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Toronto raises fines for more than 100 parking violations to reduce congestion

Toronto raises fines for more than 100 parking violations to reduce congestion

TORONTO — Fines for more than 100 parking offences in Toronto increased on Thursday, an initiative the city says is aimed at reducing congestion and promoting safer roads.
Fuel retailer Parkland Corp. lowers 2024 earnings forecast as consumer demand falls

Fuel retailer Parkland Corp. lowers 2024 earnings forecast as consumer demand falls

CALGARY — Fuel retailer and convenience store operator Parkland Corp. lowered its earnings forecast for the year Thursday due to what it said are" ongoing weaknesses" in consumer demand that could continue through the end of 2024.
Ten people arrested, more than 100 charges laid in SIM swap scam: Toronto police

Ten people arrested, more than 100 charges laid in SIM swap scam: Toronto police

TORONTO — Ten people have been arrested and more than 100 charges were laid in connection with a wide-reaching SIM swap scam, Toronto police said Thursday.
Lightspeed Commerce sees net loss shrink in founder's first full quarter back as CEO

Lightspeed Commerce sees net loss shrink in founder's first full quarter back as CEO

Dax Dasilva's first full quarter back at the helm of Lightspeed Commerce Inc. coincided with the business narrowing its net loss and seeing its revenue climb.
CNRL curtailing production from new natural gas wells as low prices persist

CNRL curtailing production from new natural gas wells as low prices persist

CALGARY — Canada's largest oil and gas producer is postponing the start of production from some of its planned new natural gas wells due to persistent low prices. Canadian Natural Resources Ltd.
Coast Guard to end staffing at two СÀ¶ÊÓƵ lighthouses, following safety concerns

Coast Guard to end staffing at two СÀ¶ÊÓƵ lighthouses, following safety concerns

VICTORIA — Safety concerns have prompted the Canadian Coast Guard to make what is says is the "difficult decision" to end staffing at two lighthouses along British Columbia's coast.
СÀ¶ÊÓƵE reports profit boost after wave of job cuts

СÀ¶ÊÓƵE reports profit boost after wave of job cuts

MONTREAL — СÀ¶ÊÓƵE Inc. boosted its profits despite a dip in revenue last quarter as the telecom giant began to feel the financial effect of thousands of job cuts from earlier this year.
Cenovus hits debt reduction target, but pledges no change in strategy

Cenovus hits debt reduction target, but pledges no change in strategy

CALGARY — The CEO of Cenovus Energy Inc. said the company's recent debt repayment milestone will not mean changes to its near-term strategy.
Gildan says proxy battle cost US$57 million in Q2 as Glenn Chamandy returns to helm

Gildan says proxy battle cost US$57 million in Q2 as Glenn Chamandy returns to helm

MONTREAL — As Gildan Activewear Inc. gears up for its 40th anniversary, the Montreal-based company is ready to put a recent leadership battle in the rearview mirror.
Canada Goose CEO sees eyewear and luggage as 'natural extensions' for brand

Canada Goose CEO sees eyewear and luggage as 'natural extensions' for brand

TORONTO — When Dani Reiss took over his family's business, Canada Goose Holdings Inc., in 2001, it had a reputation for clothing made for those needing to brave the coldest of colds.
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